FLC 0.83% 59.5¢ fluence corporation limited

The contracts equates to approx $US219m. This is more than...

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    The contracts equates to approx $US219m. This is more than double what the contract was said to be valued at on signing of the MOU in September 2017. Assuming the contract was significantly scaled up, it may explain the long delay in the final announcement. From start to date was around 2 years, highlighting the long lead times raised by participants on this forum.

    The announcement came during Australian trading so tomorrow may reflect the US view on the announcement.

    Buy thesis remains in tact. Committed long term major shareholder, product development, growing market, regional and industry diversification, growing recurring earnings. The thematic is positive. From a qualitative viewpoint the stock has been interesting for a good while. This contract should allow small cap quantitative analysts to get to work on Fluence.

    "Potential opportunities" should come from California post the trials and given the need for that state to spend on water. 
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